Eni: The agreement in Venezuela allows the export of gas and liquids
The agreement announced yesterday by Venezuela's Vice President, Delcy Rodríguez, will allow Eni to continue supplying natural gas to the South American country, through the state-owned company Pdvsa, in 2026 in an economically sustainable manner, with the prospect of consolidating and expanding supplies in the long term. According to Reuters, an Italian energy group spokesperson commented on the strategic agreement signed by Venezuela with the Spanish Repsol, which also involves Eni in the supply of natural gas.
TL;DR
- Eni will continue supplying natural gas to Venezuela via Pdvsa in 2026.
- The agreement aims for economic sustainability and long-term supply consolidation.
- It includes identifying solutions for exporting natural gas and liquids.
- This strengthens Venezuela's position as a potential regional exporter.
- Eni will leverage its expertise in offshore gas liquefaction projects.